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1. Definition Competitive Intelligence
(Articles/Business Intelligence)

...capabilities, vulnerabilities, and intentions of business competitors, conducted by using information databases and other "open sources" and through ethical inquiry. SCIP's members ...

2. Definition Business Intelligence
(Articles/Business Intelligence)

...y of application programs and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include the activ...

3. Key Concepts Of Strategic Planning
(Articles/Strategic Planning)

... that it calls for following a process that is structured and in the case of Title I planning "data based" Strategic planning involves choosing specific priorities  ...

4. Introduction to Competitor Analysis
(Articles/Analysis)

...riodicals Industry and trade association magazines Industry research and surveys Computer databases (available at many public libraries) ...

5. What Is A Business Wargame?
(Articles/Competitive Intelligence Methods)

... facing, conducting a wargame accomplishes several different purposes. For example, it can help convert data and information about a market, competitors, and other factors into actionable intelligence...

6. How to Calculate Market Shares
(Articles/Market Size)

...ives; Market share calculations and pitfalls to avoid; How to calculate a market share when there is no data available. In the Article How to Calculate Market Shares Estelle Métayer descri...

7. Data Security Considerations
(Essentials/Do You Need Help?)

  Security can be a problem when it comes to protecting your data and your own company information.   Some suggestions: Make sure your network is secure. How secure is your network? If you

8. The Profile - How Do They React?
(Essentials/Introduction To Profiles)

...t changes and include that in the profile. Their reaction may be deliberate, or it may not. Analyze the data you found to gain an understanding to this aspect of the market.   Some companies tak...

9. What Goes In A Competitor Profile
(Essentials/Introduction To Profiles)

  Which data do you need to include in your profile? Well this will depend on a variety of factors. Examine your needs and observe the market. What information would be helpful? This is a

10. Ways To Analyze
(Essentials/Analysis - A Crucial Step)

  There are different ways to analyze data. You can choose the processes that make the most sense to your company and objectives, or simply use a combination of methods. Use these suggestions t

11. Analysis - A Crucial Step
(Essentials/Analysis - A Crucial Step)

...your advantage.   There are three basic steps that are part of this process. After you collect the data you will need to organize it. Then comes the analysis and reporting phase. Remember that t...

12. Software Programs
(Essentials/Organize The Information)

...e?   Is a customized program worth the money or can you fashion your own system using your current database program?   Will new software truly make the process easier?   The answers to ...

13. Using Technology To Organize
(Essentials/Organize The Information)

...antages. You can protect the page with a password and make updates frequently. It is possible to link a database to the website, this making data organization even easier. If you choose this method, m...

14. Setting Up A System
(Essentials/Organize The Information)

...t decision makers can access the findings.   A good system consists of: Categories so the relevant data can be retrieved quickly   A means for being updated as often as necessary   Abil...

15. Organize The Information
(Essentials/Organize The Information)

...nd your personality.   The system should be easy to access and manage by all parties involved with data and information gathering. Where will the information go? First, you need to establish whe...

16. Traditional Sources
(Essentials/Sources Of Information)

...reat resource for gathering information, there are also plenty of helpful traditional sources. The best data collection strategy is one that employs techniques from both.   Places to look: Newspa...

17. Using Paid Services
(Essentials/Sources Of Information)

  In addition to using the free information on the internet, you can pay for database and subscription services. The advantage is that they provide a wide range of easily accessible information.

18. Collecting Data - Accuracy And Focus
(Essentials/Gathering Information)

...n that is collected needs to be fact checked and verified as much as possible. If you gather inaccurate data, this can skew your observations which will eventually affect your company in a potentially...

19. Legality Of Gathering Information
(Essentials/Gathering Information)

...ering process of competitive intelligence, it is important to note that all your methods for collecting data should be legal.   Your methods can include going online, looking in your existing fil...

20. Flow Of Information
(Essentials/Understand Your Company)

...formation to help you understand the market and any relevant changes. You need to be presented with the data on a constant basis in order to benefit from it. ...

21. Form A Group
(Essentials/Understand Your Company)

...ll also be the chief gatherers. Instruct other employees to inform the group members when they find new data. Your responsibility as the owner is to not only encourage your employees to gather the i...

22. Things To Keep In Mind
(Essentials/Understand Your Company)

...arge. Give them the task of finding a committee if one is needed, for generating reports, analyzing the data, and training others on the process. Also make sure that all people relevant to the proces...

23. Assess Your Options
(Essentials/Understand Your Company)

...em to make sure they are efficient researchers and have the ability to perform detailed analysis on any data they find. You can also form a committee or group where each member performs a specific t...

24. It Starts With The Owner
(Essentials/Understand Your Company)

... be gathered and interpreted; one person can’t be expected to do it all. If everyone contributes, data can be stored and analyzed for the company to benefit at a quicker rate. But what happens ...

25. Your Company
(Essentials/Understand Your Company)

... Think about these questions carefully because their answers will determine the approach used to gather data. When thinking about your company’s structure, you need to determine how your employe...

26. Competitive Intelligence Training
(Essentials/Competitive Intelligence Steps - an Overview)

... of hiring a company to do the training are that they know the best methods for gathering and analyzing data. This can save a lot of time in the long run because you won’t need to go through a &...

27. Hiring Professional Services
(Essentials/Competitive Intelligence Steps - an Overview)

...mpany. The benefit is that you don’t need to worry about performing the grunt work involved with data collecting. They also perform the analysis and have mechanisms in place to constantly gathe...

28. Competitive Intelligence
(Essentials/Competitive Intelligence Steps - an Overview)

... gathering information. It is much more than that. Not only do you need to know where to go to find the data, you need to interpret it. Since the market can change rapidly, you need to have a way to g...

29. At A Glance
(Essentials/Competitive Intelligence Steps - an Overview)

...ou will need to gather. This will help you take a more detailed approach and prevent you from gathering data that is unnecessary.   Organize the data. Once you begin collecting the informat...

30. Definition #1
(General/Teaser)

...telligence? Competitive intelligence is a structured approach to gathering, analyzing and communicating data to make informed business decisions. The data that is obtained can be collected from public...